Auck­land to get 34,000 new homes

Auckland City Harbour News - - WHAT’S ON - SHABNAM DASTGHEIB

The gov­ern­ment says it will build more than 34,000 new houses in Auck­land over the next 10 years in re­sponse to what it calls the city’s ‘hous­ing chal­lenges’.

The Crown Build­ing Project will re­place 8300 old, run­down houses in Auck­land with new houses, 24,300 of which would be built by Hous­ing New Zealand through their Auck­land Hous­ing Pro­gramme.

Min­is­ter for So­cial Hous­ing Amy Adams an­nounced the next steps in the Gov­ern­ment’s so­cial hous­ing plan for Auck­land on Tues­day af­ter­noon at a Prop­erty In­sti­tute event.

The houses will be di­vided be­tween 13,500 newly built so­cial houses and 20,600 af­ford­able mar­ket homes.

The Gov­ern­ment said its hous­ing stock was old, cold and ex­pen­sive to main­tain and in ur­gent need of up­grad­ing and re­place­ment.

The first houses in this pro­gramme were built in July last year.

The houses planned for the pro­gramme will be a mix of apart­ments, houses and ter­raced hous­ing.

Half of the houses would be two-bed­room homes as that was an area of real need, Adams said.

They would be tai­lored for the el­derly and those with dis­abili- ties.

Adams said this was a sig­nif­i­cant un­der­tak­ing for the gov­ern­ment and for tax­pay­ers.

‘‘It’s the equiv­a­lent of three­and-a-half new houses on ev­ery street across Auck­land.’’

She said the houses would be for the most vul­ner­a­ble fam­i­lies and for first-home buy­ers as well as the wider mar­ket.

The houses were planned for ar­eas like North­cote, Hob­sonville Point and Ta­maki.

Phase one of the plan would cover the next four years and cost $2.23 bil­lion.

It would be funded through Hous­ing NZ.

New bor­row­ing of $1.1 bil­lion has al­ready ap­proved by gov­ern­ment.

Phase two would be funded through the pro­gramme’s mar­ket hous­ing de­vel­op­ment and rental re­turns.

Hous­ing New Zealand would re­tain div­i­dends and pro­ceeds from state house trans­fers to help fund the pro­gramme.

On Sun­day Labour Party leader An­drew Lit­tle an­nounced his party would be clamp­ing down on tax loop­holes to even the play­ing field in favour of first home buy­ers.

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